Oil and gas exploration rigs in U.S. decrease by 1

Jan. 4, 2013

Oilfield services company Baker Hughes Inc. says the number of rigs actively exploring for oil and natural gas in the U.S. slipped by one this week to 1,762.

The Houston-based company said in its weekly report Friday that 1,318 rigs were exploring for oil and 439 for gas. Five were listed as miscellaneous.

Of the major oil- and gas-producing states, Texas gained four rigs and Pennsylvania increased by three. Colorado and Oklahoma each lost two rigs, while Louisiana, North Dakota and Wyoming dropped one rig each.